Atria Investments LLC Makes New $1.05 Million Investment in Fair Isaac Co. (NYSE:FICO)

Atria Investments LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO – Get Rating) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,536 shares of the technology company’s stock, valued at approximately $1,045,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FICO. Price T Rowe Associates Inc. MD raised its stake in shares of Fair Isaac by 253.7% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 670,688 shares of the technology company’s stock valued at $268,879,000 after purchasing an additional 481,050 shares during the period. Lindsell Train Ltd increased its position in shares of Fair Isaac by 20.8% in the second quarter. Lindsell Train Ltd now owns 841,430 shares of the technology company’s stock valued at $337,498,000 after acquiring an additional 144,872 shares during the last quarter. AKO Capital LLP increased its position in shares of Fair Isaac by 26.5% in the second quarter. AKO Capital LLP now owns 490,935 shares of the technology company’s stock valued at $196,816,000 after acquiring an additional 102,724 shares during the last quarter. Rivulet Capital LLC increased its position in shares of Fair Isaac by 72.4% in the second quarter. Rivulet Capital LLC now owns 224,400 shares of the technology company’s stock valued at $89,962,000 after acquiring an additional 94,200 shares during the last quarter. Finally, AF Advisors Inc. increased its position in shares of Fair Isaac by 21.6% in the second quarter. AF Advisors Inc. now owns 374,256 shares of the technology company’s stock valued at $150,039,000 after acquiring an additional 66,501 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Fair Isaac Stock Up 4.1 %

Shares of NYSE FICO opened at $649.18 on Friday. The business’s 50 day moving average price is $605.08 and its two-hundred day moving average price is $504.00. The company has a market cap of $16.21 billion, a PE ratio of 45.72 and a beta of 1.28. Fair Isaac Co. has a twelve month low of $340.48 and a twelve month high of $649.92.

Fair Isaac (NYSE:FICO – Get Rating) last issued its quarterly earnings data on Wednesday, November 9th. The technology company reported $3.56 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $3.56. Fair Isaac had a negative return on equity of 51.08% and a net margin of 27.12%. The company had revenue of $348.75 million during the quarter, compared to analysts’ expectations of $355.10 million. As a group, research analysts anticipate that Fair Isaac Co. will post 16.11 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on FICO shares. The Goldman Sachs Group lifted their target price on Fair Isaac from $614.00 to $686.00 and gave the company a “buy” rating in a research report on Monday, December 12th. Robert W. Baird downgraded Fair Isaac from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $546.00 to $475.00 in a research report on Thursday, October 6th. StockNews.com downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, November 13th. Deutsche Bank Aktiengesellschaft began coverage on Fair Isaac in a research report on Friday, January 6th. They issued a “buy” rating and a $697.00 target price on the stock. Finally, Needham & Company LLC boosted their price target on Fair Isaac from $600.00 to $630.00 and gave the stock a “buy” rating in a research report on Thursday, November 10th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $647.17.

Insider Transactions at Fair Isaac

In other news, Director Joanna Rees sold 244 shares of the business’s stock in a transaction that occurred on Thursday, December 15th. The stock was sold at an average price of $594.02, for a total transaction of $144,940.88. Following the completion of the sale, the director now owns 3,428 shares in the company, valued at $2,036,300.56. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CAO Michael S. Leonard sold 1,934 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $600.21, for a total value of $1,160,806.14. Following the completion of the sale, the chief accounting officer now directly owns 5,237 shares in the company, valued at $3,143,299.77. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Joanna Rees sold 244 shares of the business’s stock in a transaction that occurred on Thursday, December 15th. The shares were sold at an average price of $594.02, for a total value of $144,940.88. Following the completion of the sale, the director now owns 3,428 shares of the company’s stock, valued at $2,036,300.56. The disclosure for this sale can be found here. Insiders sold a total of 20,072 shares of company stock worth $12,180,047 over the last quarter. Company insiders own 3.05% of the company’s stock.

Fair Isaac Profile

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Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management.